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Direct Mortgage Loans

Engaged employer

Direct Mortgage Loans Reviews

4.5

92% would recommend to a friend

(48 total reviews)
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Michael Naylor

100% approve of CEO

93% positive business outlook

Direct Mortgage Loans has an employee rating of 4.5 out of 5 stars, based on 48 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Direct Mortgage Loans employee rating is 21% above average for employers within the Finance industry (3.7 stars).

Reviews by job title

48 reviews
5.0
9 Aug 2021
Recommend
CEO approval
Business outlook

Pros

I have been in the mortgage lending business for several years. So many times I have heard, join our company, it is a great culture. To me, culture is when all are recognized and all are respected, not just the people that generate the business. If you are looking for this type of organization, look into joining DML.

Cons

There are none. Great organization to be part of. A growing organization that continues to focus on a positive work environment.

1.0
17 Feb 2016

Loan Officer

Recommend
CEO approval
Business outlook

Pros

They offer a base salary... that's about it. Seriously that's it.

Cons

PLEASE READ IF CONSIDERING WORKING HERE. Management couldn't care less about the employees. Every Loan officer in the sales pit has a different base salary, and commission structure, which segues into my next point, that only 3 or 4 people out of all the loan officers make any real money like what they tell you is possible when you first start. Also, don't get ahead of yourself and think that you're going to be "one of the salesman who make great money," because the only people that do are the ones they delegate all of the realtor business to, and there's nothing you can do to change that. If you're looking to join a company that's at least competitive in the marketplace, you also don't want to work here. Closing costs and rates are through the roof, and management keeps trying to "sell the benefit" which there is none that can't be obtained through another, most likely cheaper lender. Also when i said that management doesn't care about the employees that also extends to the owners. Others who've reviewed them say the same thing when I say that they live in their own bubble. Their exorbitant salaries (almost 200 for managers I can't imagine what the owners make) distancing themselves from reality and employees alike. So in summation, you don't make money, management rapes you in commission, you can't even trust your manager. Oh and the environment is demoralizing - you'll cry everyday on the way to work.

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Direct Mortgage Loans Response
9y
While we appreciate your comments on this forum, we would encourage all employees to timely address any concerns with their immediate manager or a member of the management team. DML has implemented many new processes to effectuate change in an expeditious manner since this review was posted. If any of your concerns remain unaddressed, please discuss with management. We value all of our employees and strive to provide a positive work environment.
5.0
1 May 2025

Great place to work

Recommend
CEO approval
Business outlook

Pros

Can address issues with the leadership directly, very easy to close a loan, non stop training.

Cons

No 401k matching and health care expensive

Viewing 1 - 3 of 48 Reviews

Glassdoor has 48 Direct Mortgage Loans reviews submitted anonymously by Direct Mortgage Loans employees. Read employee reviews and ratings on Glassdoor to decide if Direct Mortgage Loans is right for you.